Government sets up high-level mining project committee

by | May 11, 2021 | Business, Local News | 0 comments

Tateguru Writer

Government has set up an Inter-Ministerial Committee to coordinate the Tsingshan Consolidated Mining Project, which is involved in a consolidated mining and value addition project which will significantly contribute towards the achievement of the $12 billion Mining Industry milestone by 2023.

This was communicated by Information, Publicity and Broadcasting Services Monica Mutsvangwa at today`s cabinet briefing engagement with the media.

Tsingshan, is a global player of repute which ranks at number 329 on the global 500 fortune companies index.
It is involved in the Tsingshan Consolidated Mining and Value Addition project.

The company has been in Zimbabwe for ten years, first in Selous, then Hwange and most recently in Mvuma. Since the signing of an MOU in 2018 between Government and the company, Tsingshan had completed two high carbon ferro-chrome furnaces in Selous and completed the construction of a 150 000 tonne coke battery in the Hwange in April 2021.

In May 2021 the company had commenced construction of an additional 150 000 tonne coke battery in Hwange.
Tsingshan will in November 2021 commence construction of a third coke battery and a power station in Hwange area.

A ground breaking ceremony for the iron ore mine as well as a Carbon Steel Plant will be held in July at Manhize, Mvuma.

The Ministries in the Committee which will be chaired by the Permanent Secretary of Ministry of Mines and Mining Development are Ministry of Transport and Infrastructural Development, Ministry of Energy and Power Development, Ministry of Lands, Agriculture, Fisheries, Water and Rural Resettlement, Ministry of Local Government and Public Works, Ministry of Finance and Economic Development and Ministry of Home Affairs and Cultural Heritage.